Business- Page 2

Volkswagen Announces 50,000 More Job Cuts and Plans to Halve Vehicle Lineup

FRANKFURT, GERMANY — Volkswagen Group is launching one of the biggest restructuring efforts in its history, with plans to eliminate approximately 50,000 additional jobs worldwide and reduce its vehicle lineup by about half. The German automaker’s supervisory board approved the sweeping transformation

September 4, 2026

Business

U.S. Employers Cut 23,000 Jobs in July as Hiring Figures Revised Lower

The U.S. labor market unexpectedly weakened in July, with employers cutting 23,000 jobs, according to the latest employment data. The report also included sharp downward revisions to hiring figures from previous months, indicating that job growth had been weaker than initially reported.

August 7, 2026

Business·News

Judge Orders Meta to Pay Additional $567 Million in Youth Mental Health Case

A New Mexico judge has ruled that Meta must pay $567 million into a fund intended to address its role in the youth mental health crisis, adding to a previously imposed $375 million in penalties. The latest ruling brings Meta’s total financial

August 7, 2026

Business·News

Capital One Says Trump Organization Accounts Were Closed Over Anti-Money Laundering Concerns

Capital One has disclosed in a court filing that it closed hundreds of Trump Organization accounts in 2021 for “anti-money laundering reasons,” marking the first time the bank has publicly explained why the accounts were terminated. The disclosure was made in response

August 4, 2026

Business·News

New York Attorney General Sues Kalshi, Alleging Illegal Gambling Operation

The New York Attorney General’s Office has filed a lawsuit against Kalshi, one of the nation’s largest prediction market platforms, alleging that the company is operating an illegal gambling business within the state. According to the lawsuit, state officials contend that Kalshi’s

July 31, 2026

Atlanta·Business

Buckhead Chick-fil-A to Close After 18 Years at Terminus Office Building

After serving customers for nearly two decades, the Chick-fil-A located inside the Terminus office building in Buckhead is set to close its doors. The restaurant’s final day of business will be Friday, July 31, marking the end of an 18-year run at

July 31, 2026

Business·News

Johnson & Johnson Sets Aside $5.5 Billion to Resolve Ovarian Cancer Talc Lawsuits

Johnson & Johnson (J&J) has set aside $5.5 billion in an effort to resolve tens of thousands of lawsuits in the United States alleging that its talcum powder-based products caused ovarian cancer. The proposed settlement is intended to address claims brought by

July 29, 2026

Business

Apple Announces $30 Billion U.S. Chip Deal With Broadcom

Apple has announced a major $30 billion agreement with Broadcom to develop and produce advanced semiconductor chips in the United States, marking one of the company’s largest commitments yet to domestic manufacturing and supply chain expansion. The deal represents a significant step

July 8, 2026

Atlanta·Business

AI-Powered Grocery Store Opens 24/7 at Pittsburgh Yards in Southwest Atlanta

A new AI-powered grocery store has opened at Pittsburgh Yards in southwest Atlanta, providing residents with 24/7 access to fresh food through a fully automated shopping experience. The innovative store uses artificial intelligence, cameras, and sensors to track the items shoppers select.

June 27, 2026

Atlanta·Business

Fun Spot America in Fayetteville to Permanently Close After 35 Years

Fun Spot America in Fayetteville, Georgia, will permanently close its doors after its final day of operation on August 2, bringing an end to more than three decades of family entertainment in the Atlanta area. The amusement park has served the community

June 27, 2026

Business

Oil Prices Fall After Trump Announces Iran Agreement and End to Naval Blockade

Global oil prices dropped sharply after President Donald Trump announced that the United States had reached an agreement with Iran and would end its naval blockade, easing concerns over disruptions to one of the world’s most critical energy routes. The preliminary deal

June 15, 2026

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